Global Intrapartum Monitoring Devices Market is valued at approximately USD 2.2 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 6.8% over the forecast period 2022-2029. The function of intrapartum monitoring devices is to track the temporal relationship between myometrial activity and uterine contractions, and changes in the fetal heart (FHR) by Doppler ultrasound or direct fetus ECG measurement with a foetal scalp electrode. The connection between the two traces affects how the data is interpreted. Finding newborns that may be hypoxic is an essential feature of intrapartum monitoring devices.
The external devices used for intrapartum monitoring involve connecting an ultrasound probe (transducer) to the female’s belly. It transmits the infant’s heartbeat sounds to a computer. The baby’s heart rate is displayed on a screen and printed out on paper, along with its frequency. Growth & developments in the medical device industry for the adaptation of intrapartum monitoring technology is influenced by the massive pool of birth-related conditions such as preterm births pushing the expansion of the Intrapartum Monitoring Devices Market Size.
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It is anticipated that the increased need for better maternity care will fuel the industry, as will technological advancements in intrapartum monitoring devices. Furthermore, the demand for improved medical technologies is rising, governments are making substantial investments to improve foetal health monitoring, and biotechnological industries are increasing more established in emerging nation. All of these factors are contributing to the significant growth of the healthcare sector in emerging economies. The demand for intrapartum monitoring devices is not just present in developed nations; it is also present in developing nations such as China, Brazil, and India, and this drives the growth of the intrapartum monitoring devices market.
Furthermore, the complications related to preterm birth, intrapartum incidents such as birth asphyxia, or infections such as sepsis or pneumonia account for newborn deaths boosting the growth of the intrapartum monitoring devices market. According to Statista, in 2015, percentage of preterm births in the United States was 9.63% and the percentage reached 10.09% in 2020. As a result, the rising prevalence of premature births is anticipated to create the lucrative demand for the market. Additionally, rising technological advancement and growing number of R&D investment by medical device companies is anticipated to create the lucrative opportunity for the market during forecast period. However, the high cost of maternity and intrapartum care devices in the rural area stifles market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Intrapartum Monitoring Devices Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the dominating region across the world in terms of market share, owing to the high prevalence rate of birth disorders such as preterm births, the rise in the number of market players and the surge in the number of devices available in the region. Whereas, Asia Pacific is also anticipated to exhibit the highest growth rate over the forecast period, owing to factors such as the presence of high populace countries such as China, and India, which in turn rise the number of chances of suffering from birth defect conditions, and the rising number of strategies and trends adopted by the market players would create lucrative growth prospects for the Intrapartum Monitoring Devices market across Asia Pacific region.
Major market player included in this report are:
Koninklijke Philips N.V.
Cooper Companies Inc.
Huntleigh Healthcare Limited
Stalwart Meditech Pvt. Ltd
Rocket Medical plc
MedGyn products, inc.
Laborie
General Electric Company
Mindchild Medical, Inc.
Cardinal Health Inc.
Recent Developments in the Market:
In June 2020, a global leader in health technology, announced an expansion to its remote patient monitoring set supporting at-risk populations during the COVID-19 emergency. Less physical contact between doctors and patients is an objective of the new wireless Avalon CL Fetal and Maternal Pod and Patch, which is crucial given the COVID-19 pandemic. The patch is a component of a larger, cutting-edge high-risk pregnancy solution that also comprises a battery-operated, ultra-portable foetal monitor and perinatal analytics and software from Philips.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
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The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.
By Device Type:
Monitors
Electrodes
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
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